February 24, 2026
CARMEL, IN — February 24, 2026 — Avenue Development announces Viva Bene Carmel, an approximately $50 million, 170-unit active adult community located along the Monon Trail in Carmel’s North End district. Thoughtfully designed for adults 55 and older, the development reflects the Viva Bene brand’s wellness-centered approach to community living, combining opportunities for connection and personal growth with Carmel’s nationally recognized commitment to livability and smart development.
Developed through a public-private partnership with the Carmel Redevelopment Commission (CRC) and constructed by Avenue Construction, Viva Bene Carmel represents a shared vision for innovative housing, exceptional design, and long-term community value. The project was supported in part through the City’s Tax Increment Financing (TIF) district, which encourages thoughtful, mixed-use investment within North End.
“Viva Bene Carmel and all of North End are strong examples of how public-private collaboration can result in vibrant, walkable places,” said Henry Mestetsky, Executive Director of the Carmel Redevelopment Commission. “Public private partnerships like these promote high-quality development that expands housing and reinforce Carmel’s position as one of the nation’s most desirable places to live.”
Designed for adults 55 and older who value wellness, connection, and active engagement, Viva Bene Carmel will feature high-quality apartments and lifestyle amenities centered on total well-being. Residents will have access to fitness and wellness programming, shared learning and co-working spaces, and curated community experiences that encourage meaningful relationships and purposeful living.
The community is adjacent to Fields Market Garden and Old Town Companies’ North End Campus, creating opportunities for collaboration through shared events, volunteer initiatives, and outdoor recreation.
“Viva Bene Carmel and Fields Market Garden are natural partners in building an inclusive, vibrant neighborhood at North End,” said Rebecca McGuckin, Chief Culture Officer, Old Town Companies. “Together, we’re shaping a place that connects people, wellness, and the environment in ways that benefit both residents and the broader Carmel community.”
For investors and civic partners, Viva Bene Carmel highlights Avenue Development’s continued success in delivering innovative, need-based housing in top-tier markets. By aligning public incentives, private investment, and operational expertise through Avenue Construction’s disciplined project delivery, the development reinforces Avenue’s reputation for creating communities that generate both social and financial value.
“Carmel is a city that values forward-thinking investment and collaboration,” said Michael Mattingly, Principal and Co-Founder at Avenue. “Viva Bene Carmel embodies our mission to deliver high-quality properties that create lasting personal influence while generating meaningful economic impact for our partners.”
Viva Bene Carmel is slated to open in early 2028. For more information, visit https://www.vivabeneliving.com/communities/viva-bene-carmel.
ABOUT VIVA BENE
Viva Bene communities are purpose-built for adults 55+ who want to stay active, connected, and well. Developed by Avenue Development and constructed by Avenue Construction, each Viva Bene property blends modern design, wellness-focused programming, and meaningful partnerships to support residents in living well across every dimension of life.
ABOUT AVENUE DEVELOPMENT AND AVENUE CONSTRUCTION
Avenue Development and Avenue Construction are sister companies redefining community development through a fully integrated approach spanning concept, capital, and construction. With expertise across real estate development, construction management, and long-term investment strategy, the Avenue platform specializes in health-, housing-, and wellness-driven projects that deliver enduring social and economic value. Together, the firms bring visionary developments—like Viva Bene Carmel—to life in markets nationwide.
For more information about Avenue, visit avenuedev.com or call 317-800-0480.
